時間：3月21日（周二）上午10:00-11:30
騰訊會議號：290 128 955
報告人：佛羅里達大學Hsing Kenneth Cheng教授
報告內容簡介：
The cryptocurrency (crypto) market has grown dramatically over the past decades since the emergence of the Bitcoin protocol in 2008. Traditionally, blockchain users would trade cryptos on centralized exchanges such as Binance, OKex, and Huobi. Decentralized exchanges (DEXs), exchanges that allow blockchain users to directly buy and sell cryptos on the chain without involving custody of traders’ crypto assets, started to blossom recently with the trading volume on DEX reaching 80% on-chain market share at its peak in 2021. As the DEX becomes immensely popular, so does the vampire attack on the DEX platform, where the entrant attacker clones the incumbent’s business model and drains liquidity from the incumbent to its cloned platform by providing tokenized rewards to the incumbent’s liquidity providers. We implement a quasi-experimental design to examine the impact of the vampire attack launched by Sushiswap (the attacker) against Uniswap (the incumbent DEX). We examine both the deposit-side and exchange-side impact of the vampire attack on the operational performance of the liquidity pools on Uniswap. Surprisingly, there is no significant effect of the vampire attack on the liquidity on the deposit side. Even more surprisingly, the vampire attack significantly increases the incumbent’s trading volume on the exchange side. Our study uncovers the underlying reasons that contribute to these intriguing results.
報告人簡介:
Hsing Kenneth Cheng教授是佛羅里達大學John B. Higdon杰出學者、Warrington商學院信息系統和運營管理系系主任。他于1992年獲得羅徹斯特大學計算機與信息系統博士學位。鄭教授的主要研究方向為互聯網技術對軟件開發和市場營銷的影響分析、信息系統政策問題（特別是關于網絡中立性的全國辯論）。基于在前三名信息系統期刊上發表的論文，鄭教授在全球信息系統100名研究人員中排名第20位(2009-2011年)和第16位(2010-2012年)。鄭教授目前任Decision Sciences副主編，Journal of the Association for Information Systems、Information Systems and electronic Management高級編輯。2011-2014年擔任Information Systems Research副主編，曾任職于許多信息系統會議和研討會的項目委員會，并擔任Workshop on E-Business (2003年，2012年)和Taiwan Summer Workshop on Information Management項目聯合主席。
(承辦：管理工程系、科研與學術交流中心）
